Is it really that difficult to make 1 million RMB in the cryptocurrency world? What are the ways?

Assume that we enter the market with 100,000 yuan

Method 1: Hoarding coins

For ordinary people, hoarding coins is one of the relatively easy ways to make money in the cryptocurrency world

Many bigwigs in the cryptocurrency world started out through this method.

The core concept of this method is: long-term holding, waiting for the price of the currency to rise sharply in the future, and thus obtaining rich returns.

With a bit of luck, it is possible to buy a 10x coin. You just need to wait for the currency in your hand to rise 10 times. The 10w in your hand will become 100w. Method 2: Short-term contract (not recommended). The contract market can be leveraged. A 10w margin can buy 100w or even 1000w goods. But the risk is very high. 10w may return to zero in a few days. This is normal. Do a simulation before entering the market to see if you are the material. If you can't do a simulation well, don't rush. If you rush, it is likely to return to zero. Method 3: Go for the local dog (extremely not recommended). I believe everyone has heard more or less about how crazy the local dog is. It is common to increase the price by dozens of times a day or plummet by 99.9%. You buy 10w. It may become 20w in an hour. Of course, it is more likely to become 5w or even 1w. If you are unlucky and buy a Pixiu, all 10w will go down the drain. Method 4 Open a trading platform yourself (not recommended)

Find a programmer

Spend hundreds or thousands of U to create a coin

It must also be able to pass common coin checking tools

Spend 20,000 yuan on advertising

Various local dog communities, push, and spend money on promotion

Add the remaining 70,000 yuan to liquidity

Cut directly after the opening

Sell all the tokens in hand at the market price

Directly withdraw the pool

Then change the account and start the next round